Member Info for doubleup

Or buy

Bit early to compare to RRE wouldn't you say? RRE had assets, ADV have an idea?

Brilliant rns, should fly today

7.25 v 7.45

7.15 to sell

6.9

MM added stock 6.68, all taken, nt to buy not 7.19, well bid 350k between 6.61-6.5, have a good day all, finished above 7

7.19 for stock now, bid rising on every sell of which there are few.

Wont give commentary all day BUT, 52500 @ 6.99 then goes to 7.2, on the other side 52500 @ 6.2001 then 250k at 6.20 then 50k 6.188, very well bid

its nt to buy you need to pay 6.8, and there is 175k on the bid above price with 100k at 6.15, its opened very well considering

Took some at 6.499, they now want 6.8

Placing wasn't taken by retail, Canadian investors

Yep has potential here but need to see the bod do something, time will tell but low price here

Any news yet?

Why 4p?? This agreement with AA is basically allowing them to do Due Diligence prior to a take over, AA takeovers are in the region of $500 mill. SP means nothing, need to look at mcap. This is undervalued and will rise heavily over the 6 months during the DD process. If all goes well this is a 10-20 bagger from here, If AA pull out then you have other majors interested and drill results also to come over the next 6 months. 4P is and means nothing.

15th May RNS, They have already had them to the tune of 1.5mill

I think some have missed the importance of this tie up, this is massive and price will rerate, holding 5.5mill shares here and not going anywhere, only other I have exposure to in copper/gold is CHF.

a month from here arcm will be double the current cap

exceed the conservative 6.7-7.2p. Based on market sentiment and developments at the time we could be very close to that monumental 10p or £96m mcap Mark by new year.

GGP where only at a market cap of around £7m or 0.36p in May 2017 immediately post the announcement of the exclusivity deal whereas arc are now ~£30m. Total shares over the start of the exclusivity period was just over 1.8bn for GGP which then increased to 2.7bn in October 2017 from placings and exercising of warrants. I did notice that it took some time for the initial news to reflect on the s.p. Similar to the case here with ARCM. Prior to the deal GGP averaged ~0.30p then 1 week after deal 0.36p, 2 weeks after 0.39p, 3 weeks 0.43p then explosion on the 4th week to 0.68p resulting in a £12m MCap from £7m immediately after deal announced based off of the 1.8bn shares in circulation at the time.

Towards the conclusion of the 6 month exclusivity period a spike occurred from 0.5-0.6p early October 2017 the company was then worth between 50-54m @~2p until the newmont deal failed and then crashed back to the 0.6p in January 2018.

We can draw some parallels here by accounting for the valuation difference of both ARCM and GGP. Once you start adding the variables in on how further advanced ARCMs project is, superior license potential, existing high grade results, upcoming 8000m drill program and technical studies to complete over the 6 month period (and CASA/Šturec deferred proceeds + royalty) and prospect of near term production - then we could come up with a clearer peer valuation by adding arcs sum of parts premium over GGP.

It’s not overly apparent why GGP spiked so hard early October taking market cap from 0.68p ~£18m to 2p ~£54m+ other than what’s in RNS’s and a rapid build up on anticipation of the deal closing.

I think that Arc will still experience a similar spike as GGP towards the end of the exclusivity period even despite the higher mcap simply due to the saturated drilling season, technical studies and plant updates which will surpass the expected return of the highs of around 4-5p significantly. Where GGP spiked to £54m mcap, incorporating Arcs aforementioned premium would put us at an estimated £65-70m mcap or 6.7-7.2p based off existing shares in circulation.

With regards to the steady build over the first month after GGP announced their deal, I think we are also seeing that happen now with ARCM - it shouldn’t be too long before we head up towards 4.5p in the next month as drilling updates augment the AA news and accelerate buying pressure as was similar to GGP’s first month after announcing their 6 month exclusivity agreement.

Obviously I find that ARCS chance of a successful outcome is far greater as GGR’s deal failed to materialise and I think the market will recognise this, especially off the back of closing in on production simultaneously with the anticipation of a deal. It’s not hard to establish the kind of spike on arcs s.p. towards the conclusion of the 6 months like it did with GGR in October 2017, at some point end of this year (guessing December), I think it will come very hard indeed for ARCM and may ce

On charts -

We are seeing a multiple breakout from the daily and weekly charts, there is a slight squeeze on the monthly but it has someway to go for it to trigger. It looks like a real rise to me from what I am seeing hence should go onto making a higher high between 4.57-5.15 imo, this is based on charts and not factoring in and news. GL